NEW YORK, NY — (Marketwired) — 06/08/15 — SmartMetric, Inc. (OTCQB: SMME) With the non relenting onslaught of credit and debit card data theft leading to billions of dollars of losses annually the need for a stronger payments card security couldn–t be more compelling.SmartMetric, after years of research and development, created a credit and debit card that has a miniature powerful fingerprint reader that is used to scan the card user–s fingerprint prior to the cards payments chip being act
NEW YORK, NY — (Marketwired) — 06/05/15 — SmartMetric, Inc. (OTCQB: SMME) – Reliance on PIN numbers and computer generated codes or tokens has proven vulnerable to data thieves that use the security weaknesses in the credit card payments system to steal billions of dollars annually. It is reported that over $14 billion was lost last year to credit card fraud, leaving not only the consumer vulnerable to their personal data being stolen but having to pay higher prices after retailers increase
NEW YORK, NY — (Marketwired) — 06/03/15 — SmartMetric, Inc. (OTCQB: SMME) In 2013 merchants lost, on average 33% greater proportion of revenue than the previous year as a direct result of payment card fraud. In addition to their fraud losses, merchants also incurred more costs, with each dollar of fraud costing them in real losses $3.08, compared to $2.79 the previous year according to a report published on the true cost of fraud by Lexis Nexus.With the global annual rate of credit card frau
NEW YORK, NY — (Marketwired) — 05/29/15 — SmartMetric, Inc. (OTCQB: SMME) — The SmartMetric, in-my-card-biometrics payment and identity card, is on track for mass production release by the end of July 2015. One of the critical components inside the card is its power management system along with its internal rechargeable battery."We have had to design a sophisticated and elegant super small power management system that controls the flow of power from the cards battery for key components
LOS ANGELES, CA — (Marketwired) — 05/27/15 — Merchant Resources, , offers free EMV-chip credit card terminals, software and cellular swipers to new and existing merchants.is a security framework that defines the payment interaction at the physical, electrical, data and application levels between chip cards and payment devices. These interactions are often referred to as EMV Level 1 and 2 requirements. by the payment networks to be a neutral party in making this standard framework.Smart card
NEW YORK, NY — (Marketwired) — 05/27/15 — SmartMetric, Inc. (OTCQB: SMME) — The SmartMetric in-my-card-biometrics payment card stands to revolutionise the card payments industry. By incorporating mass storage with a powerful in-card Cortex processor, the humble credit/debit card has been turned into a powerful computing device."What we have created is an exciting new product that has uses and applications way beyond simple payment transactions. We have the processing and memory power t
NEW YORK, NY — (Marketwired) — 05/26/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric, the developer and manufacturer of "in-my-card-biometrics" payment and identity cards, says its fingerprint activated card uses a person–s own biometrics to validate their identity before the card is able to be used."This level of authentication of the card–s user is a huge leap forward in security across a number of industries such as credit and debit cards to identity and access control c
NEW YORK, NY — (Marketwired) — 05/21/15 — SmartMetric, Inc. (OTCQB: SMME) — SmartMetric is in advanced stages for releasing its new biometric-activated and user-validated EMV payments card in both the United States and throughout the European Union.The company is however not stopping with these Western countries. Approaches from financial institutions in the Asia Pacific region will see SmartMetric enter substantial high growth markets throughout Asia within a short time frame following its
NEW YORK, NY — (Marketwired) — 05/20/15 — SmartMetric, Inc. (OTCQB: SMME) SmartMetric announced today that it is on track with its time frame for manufacturing release of its fingerprint activated and user verified biometric payments card. It is now expected that the first product release will be within the next 60 days.The company is already receiving approaches from Financial Institutions from around the world who are interested in the technology as a means to mitigate card fraud while at
NEW YORK, NY — (Marketwired) — 05/18/15 — SmartMetric, Inc. (OTCQB: SMME) — SmartMetric, the creator of a fully functional biometric fingerprint reader that sits inside a credit or debit card says that the massive increase in financial losses due to credit card and account takeover fraud show the need for better and stronger identity and payments card security.A recently published report, titled, The True Cost Of Fraud, by LexisNexis reveals a huge increase in credit card fraud rates. For 2
